Deal will see AMD will retain ZT Systems' AI systems design businesses

$10bn agreement is separate from Nvidia GPU deal

Round co-led by Magnetar and AMD Ventures

Data center sales saw 57 percent year-on-year growth during the quarter

Nvidia, AMD, Qualcomm, and Broadcom have all been approached, sources claim

Comes as AI lab Mistral announces its first dedicated French cluster

Company posted data center revenue of $3.86 billion in Q4 2024

An early Christmas present for Musk

Segment revenue for the quarter was $3.5bn

Following in Apple’s footsteps

But plans to spin off the manufacturing business later on

Software can now run on AMD’s MI300 accelerators

Data center revenue up 115 percent year-on-year

It's a supplement about AI in the data center, so of course we talk to Nvidia

Semiconductor equipment manufacturers could be targeted by new restrictions

Shipped one million more units in 2023 than previous year

Company posted quarterly revenue of $5.47bn

The company missed revenue expectations, posting a 14 percent decline in last quarter

Business unit posted sales of $2.28bn in the last three months

But company expects data center sales to pick up later in the year

But Taiwan will still produce the vast majority of chips

Just months after it bought Xilinx for $35bn